Plan Ledger DOL Form 5500 · updated monthly

Mbs Highway, LLC401(k)

MBS HIGHWAY, LLC 401(K) PLAN · HOLMDEL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.70%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Mbs Highway, LLC reported $24,969 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $4,002 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio fell from 0.76% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (1,953rd of 2,419), and 10,089th of 11,654 in professional & technical services. In 2024, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,203,335
Participants with balances123
Active participants81
Employer contributions$324,180
Employee contributions$747,997
Employer contribution per active participant$4,002
Average account balance$34,173
Benefits paid to participants$213,729
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.2M · 123 accts · $324K emplr
2023$2.9M · 132 accts · $331K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,969
Total administrative$24,969
The Mbs Highway, LLC 401(k) match · 2024
Employer contribution per active participant$4,002
Median for plans this size$1,313
2024$4,002 per active participant
2023$3,940 per active participant

Mbs Highway, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024$24,969 · 0.70%
2023$17,369 · 0.76%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Hepco, Inc. NJ$4.4M · 0.59%
Pro Computer Service, LLC NJ$4.3M · 1.28%
Smartly, Inc. NJ$4.1M · 0.13%
Clarity Benefit Solutions NJ$4.0M · 1.14%
Montrose Molders Corp NJ$4.0M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460856741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.